Comet Ridge Ltd (COI) - Cash Flow Conversion Efficiency

Latest as of December 2025: -0.023x

Based on the latest financial reports, Comet Ridge Ltd (COI) has a cash flow conversion efficiency ratio of -0.023x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (AU$-1.81 Million ≈ $-1.28 Million USD) by net assets (AU$78.22 Million ≈ $55.34 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See COI net asset quality score to measure how much of total assets are equity-financed.

Comet Ridge Ltd - Cash Flow Conversion Efficiency Trend (2005–2025)

This chart illustrates how Comet Ridge Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check COI operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

Comet Ridge Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Comet Ridge Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Mobile Infrastructure Corporation NASDAQ:BEEP	-0.004x
Poongwon Precision Co. Ltd. KQ:371950	-0.270x
CHAPEL DOWN GRP PLC LS-05 F:1U6	N/A
Manuka Resources Ltd AU:MKR	-0.335x
Nano X Imaging Ltd NASDAQ:NNOX	-0.110x
Mukka Proteins Limited NSE:MUKKA	-0.022x
Actic Group AB ST:ATIC	0.198x
Canyon Resources Ltd AU:CAY	-0.257x

Annual Cash Flow Conversion Efficiency for Comet Ridge Ltd (2005–2025)

The table below shows the annual cash flow conversion efficiency of Comet Ridge Ltd from 2005 to 2025. For the full company profile with market capitalisation and key ratios, see how much is Comet Ridge Ltd worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-06-30	AU$80.32 Million ≈ $56.83 Million	AU$-4.12 Million ≈ $-2.91 Million	-0.051x	+11.87%
2024-06-30	AU$72.51 Million ≈ $51.30 Million	AU$-4.22 Million ≈ $-2.99 Million	-0.058x	+1.62%
2023-06-30	AU$64.31 Million ≈ $45.51 Million	AU$-3.80 Million ≈ $-2.69 Million	-0.059x	+16.28%
2022-06-30	AU$47.55 Million ≈ $33.64 Million	AU$-3.36 Million ≈ $-2.38 Million	-0.071x	-79.50%
2021-06-30	AU$50.41 Million ≈ $35.67 Million	AU$-1.98 Million ≈ $-1.40 Million	-0.039x	+3.42%
2020-06-30	AU$56.76 Million ≈ $40.16 Million	AU$-2.31 Million ≈ $-1.64 Million	-0.041x	+4.10%
2019-06-30	AU$56.17K ≈ $39.75K	AU$-2.39K ≈ $-1.69K	-0.042x	-10.61%
2018-06-30	AU$43.52K ≈ $30.79K	AU$-1.67K ≈ $-1.18K	-0.038x	+0.97%
2017-06-30	AU$32.79K ≈ $23.20K	AU$-1.27K ≈ $-900.02	-0.039x	+31.63%
2016-06-30	AU$29.03K ≈ $20.54K	AU$-1.65K ≈ $-1.17K	-0.057x	-38.32%
2015-06-30	AU$32.72K ≈ $23.15K	AU$-1.34K ≈ $-949.55	-0.041x	-358.99%
2014-06-30	AU$42.75K ≈ $30.25K	AU$677.00 ≈ $479.02	0.016x	+162.28%
2013-06-30	AU$47.12 Million ≈ $33.34 Million	AU$-1.20 Million ≈ $-847.92K	-0.025x	-0.35%
2012-06-30	AU$44.64 Million ≈ $31.58 Million	AU$-1.13 Million ≈ $-800.32K	-0.025x	-176.64%
2011-06-30	AU$40.36 Million ≈ $28.55 Million	AU$1.33 Million ≈ $944.09K	0.033x	+138.09%
2010-06-30	AU$38.69 Million ≈ $27.37 Million	AU$-3.36 Million ≈ $-2.38 Million	-0.087x	-76.77%
2009-06-30	AU$43.70 Million ≈ $30.92 Million	AU$-2.15 Million ≈ $-1.52 Million	-0.049x	+72.01%
2008-06-30	AU$10.47 Million ≈ $7.41 Million	AU$-1.84 Million ≈ $-1.30 Million	-0.175x	-58.47%
2007-06-30	AU$15.61 Million ≈ $11.04 Million	AU$-1.73 Million ≈ $-1.22 Million	-0.111x	-34.36%
2006-06-30	AU$8.99 Million ≈ $6.36 Million	AU$-740.42K ≈ $-523.89K	-0.082x	+9.84%
2005-06-30	AU$6.84 Million ≈ $4.84 Million	AU$-624.75K ≈ $-442.05K	-0.091x	--

About Comet Ridge Ltd

AU:COI Australia Oil & Gas E&P

Market Cap

$74.50 Million

AU$105.29 Million AUD

Market Cap Rank

#20324 Global

#674 in Australia

Share Price

AU$0.09

Change (1 day)

+2.33%

52-Week Range

AU$0.09 - AU$0.18

All Time High

AU$0.42